Tuesday, 1 August 2017

EPIC RESEARCH MCX NATURAL GAS UPDATE OF 01 AUGUST 2017

Naturalgas trading range for the day is 173-192.6. Natural gas fell sharply hitting their lowest level in almost a month amid bearish weather forecasts that should limit demand for the fuel. A weather system with cooling will linger over the East with showers and thunderstorms through August 5, resulting in comfortable temperatures. Total natural gas in storage currently stands at 2.990 trillion cubic feet, according to the U.S. Energy Information Administration.